Global Skim Milk Powder(SMP) Market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The market is driven by factors such as increasing demand for dairy products and growing population in developing countries.
The global skim milk powder (SMP) market is segmented on the basis of type, application, and region. On the basis of type, the global SMP market is segmented into fat free and low fat types. On the basis of application, it is segmented into dairy products, confectionery, desserts & bakery products, meat products and infant formula. The regional segments include North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- Skim milk powder is a dairy product that is made from skimmed milk and has a high protein content.
- Skim milk powder can be used in the production of infant formula, bakery products, and other food products.
- The growth of this market can be attributed to factors such as increasing demand for dairy products in emerging economies such as China and India, growing population, rising disposable income levels in developing countries, and changing lifestyles among consumers worldwide.
- Increasing awareness about health benefits associated with consumption of skim milk powder will also drive the growth of this market.
Industry Growth Insights published a new data on “Skim Milk Powder(SMP) Market”. The research report is titled “Skim Milk Powder(SMP) Market research by Types (Fat Free, Low Fat), By Applications (Dairy Products, Confectionery, Desserts & Bakery, Meat Products, Infant formula), By Players/Companies Alpen Food Group(Netherlands), NZMP(New Zealand), Dana Dairy(Switzerland), Vreugdenhil(Netherlands), Glanbia Ingredients Ireland (Ireland), Revala Ltd(Estonia), TATURA(Australia), Foodexo(Poland), Interfood(Netherlands), Kaskat Dairy(Poland), Dairygold(Ireland), Holland Dairy Foods(Netherlands), Milky Holland(Netherlands), Nestle (Switzerland), Miraka (New Zealand), Fonterra (New Zealand), Lactoland (Germany), Amul (India), Nova Dairy products (India), Synlait milk ltd (New Zealand), Arion Dairy Products(Netherlands)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Skim Milk Powder(SMP) Market Research Report
By Type
Fat Free, Low Fat
By Application
Dairy Products, Confectionery, Desserts & Bakery, Meat Products, Infant formula
By Companies
Alpen Food Group(Netherlands), NZMP(New Zealand), Dana Dairy(Switzerland), Vreugdenhil(Netherlands), Glanbia Ingredients Ireland (Ireland), Revala Ltd(Estonia), TATURA(Australia), Foodexo(Poland), Interfood(Netherlands), Kaskat Dairy(Poland), Dairygold(Ireland), Holland Dairy Foods(Netherlands), Milky Holland(Netherlands), Nestle (Switzerland), Miraka (New Zealand), Fonterra (New Zealand), Lactoland (Germany), Amul (India), Nova Dairy products (India), Synlait milk ltd (New Zealand), Arion Dairy Products(Netherlands)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Skim Milk Powder(SMP) Market Report Segments:
The global Skim Milk Powder(SMP) market is segmented on the basis of:
Types
Fat Free, Low Fat
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dairy Products, Confectionery, Desserts & Bakery, Meat Products, Infant formula
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alpen Food Group(Netherlands)
- NZMP(New Zealand)
- Dana Dairy(Switzerland)
- Vreugdenhil(Netherlands)
- Glanbia Ingredients Ireland (Ireland)
- Revala Ltd(Estonia)
- TATURA(Australia)
- Foodexo(Poland)
- Interfood(Netherlands)
- Kaskat Dairy(Poland)
- Dairygold(Ireland)
- Holland Dairy Foods(Netherlands)
- Milky Holland(Netherlands)
- Nestle (Switzerland)
- Miraka (New Zealand)
- Fonterra (New Zealand)
- Lactoland (Germany)
- Amul (India)
- Nova Dairy products (India)
- Synlait milk ltd (New Zealand)
- Arion Dairy Products(Netherlands)
 Market Overview.svg)
Highlights of The Skim Milk Powder(SMP) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fat Free
- Low Fat
- By Application:
- Dairy Products
- Confectionery
- Desserts & Bakery
- Meat Products
- Infant formula
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Skim Milk Powder(SMP) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Skim milk powder is a type of powdered milk that has been processed to remove most of the water and fat. It is used as an ingredient in foods, such as ice cream and cake mixes, or can be added to beverages like coffee or tea.
Some of the major players in the skim milk powder(smp) market are Alpen Food Group(Netherlands), NZMP(New Zealand), Dana Dairy(Switzerland), Vreugdenhil(Netherlands), Glanbia Ingredients Ireland (Ireland), Revala Ltd(Estonia), TATURA(Australia), Foodexo(Poland), Interfood(Netherlands), Kaskat Dairy(Poland), Dairygold(Ireland), Holland Dairy Foods(Netherlands), Milky Holland(Netherlands), Nestle (Switzerland), Miraka (New Zealand), Fonterra (New Zealand), Lactoland (Germany), Amul (India), Nova Dairy products (India), Synlait milk ltd (New Zealand), Arion Dairy Products(Netherlands).
The skim milk powder(smp) market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Skim Milk Powder(SMP) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Skim Milk Powder(SMP) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Skim Milk Powder(SMP) Market - Supply Chain
4.5. Global Skim Milk Powder(SMP) Market Forecast
4.5.1. Skim Milk Powder(SMP) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Skim Milk Powder(SMP) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Skim Milk Powder(SMP) Market Absolute $ Opportunity
5. Global Skim Milk Powder(SMP) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Skim Milk Powder(SMP) Market Size and Volume Forecast by Type
5.3.1. Fat Free
5.3.2. Low Fat
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Skim Milk Powder(SMP) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Skim Milk Powder(SMP) Market Size and Volume Forecast by Application
6.3.1. Dairy Products
6.3.2. Confectionery
6.3.3. Desserts & Bakery
6.3.4. Meat Products
6.3.5. Infant formula
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Skim Milk Powder(SMP) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Skim Milk Powder(SMP) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Skim Milk Powder(SMP) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Skim Milk Powder(SMP) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Skim Milk Powder(SMP) Demand Share Forecast, 2019-2026
9. North America Skim Milk Powder(SMP) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Skim Milk Powder(SMP) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Skim Milk Powder(SMP) Market Size and Volume Forecast by Application
9.4.1. Dairy Products
9.4.2. Confectionery
9.4.3. Desserts & Bakery
9.4.4. Meat Products
9.4.5. Infant formula
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Skim Milk Powder(SMP) Market Size and Volume Forecast by Type
9.7.1. Fat Free
9.7.2. Low Fat
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Skim Milk Powder(SMP) Demand Share Forecast, 2019-2026
10. Latin America Skim Milk Powder(SMP) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Skim Milk Powder(SMP) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Skim Milk Powder(SMP) Market Size and Volume Forecast by Application
10.4.1. Dairy Products
10.4.2. Confectionery
10.4.3. Desserts & Bakery
10.4.4. Meat Products
10.4.5. Infant formula
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Skim Milk Powder(SMP) Market Size and Volume Forecast by Type
10.7.1. Fat Free
10.7.2. Low Fat
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Skim Milk Powder(SMP) Demand Share Forecast, 2019-2026
11. Europe Skim Milk Powder(SMP) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Skim Milk Powder(SMP) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Skim Milk Powder(SMP) Market Size and Volume Forecast by Application
11.4.1. Dairy Products
11.4.2. Confectionery
11.4.3. Desserts & Bakery
11.4.4. Meat Products
11.4.5. Infant formula
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Skim Milk Powder(SMP) Market Size and Volume Forecast by Type
11.7.1. Fat Free
11.7.2. Low Fat
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
1110.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Skim Milk Powder(SMP) Demand Share, 2019-2026
12. Asia Pacific Skim Milk Powder(SMP) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Skim Milk Powder(SMP) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Skim Milk Powder(SMP) Market Size and Volume Forecast by Application
12.4.1. Dairy Products
12.4.2. Confectionery
12.4.3. Desserts & Bakery
12.4.4. Meat Products
12.4.5. Infant formula
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Skim Milk Powder(SMP) Market Size and Volume Forecast by Type
12.7.1. Fat Free
12.7.2. Low Fat
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Skim Milk Powder(SMP) Demand Share, 2019-2026
13. Middle East & Africa Skim Milk Powder(SMP) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Skim Milk Powder(SMP) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Skim Milk Powder(SMP) Market Size and Volume Forecast by Application
13.4.1. Dairy Products
13.4.2. Confectionery
13.4.3. Desserts & Bakery
13.4.4. Meat Products
13.4.5. Infant formula
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Skim Milk Powder(SMP) Market Size and Volume Forecast by Type
13.7.1. Fat Free
13.7.2. Low Fat
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Skim Milk Powder(SMP) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Skim Milk Powder(SMP) Market: Market Share Analysis
14.2. Skim Milk Powder(SMP) Distributors and Customers
14.3. Skim Milk Powder(SMP) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alpen Food Group(Netherlands)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. NZMP(New Zealand)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dana Dairy(Switzerland)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Vreugdenhil(Netherlands)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Glanbia Ingredients Ireland (Ireland)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Revala Ltd(Estonia)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TATURA(Australia)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Foodexo(Poland)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Interfood(Netherlands)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kaskat Dairy(Poland)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dairygold(Ireland)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Holland Dairy Foods(Netherlands)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Milky Holland(Netherlands)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Nestle (Switzerland)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Miraka (New Zealand)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Fonterra (New Zealand)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Lactoland (Germany)
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Amul (India)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Nova Dairy products (India)
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Synlait milk ltd (New Zealand)
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
